GPS News  
INTERNET SPACE
Profit up for Japan telecom firm KDDI

by Staff Writers
Tokyo (AFP) April 25, 2011
Japan's number two telecom operator KDDI said Monday its net profit grew 20 percent in the year ended in March despite losses of more than 200 million dollars from a powerful quake and tsunami.

KDDI Corp.'s net profit came to 255.12 billion yen (3.1 billion dollars) in the year to March, up 19.9 percent from the previous year, although the March 11 disaster caused special losses of 17.6 billion yen (214 million dollars).

Lower corporate taxes helped offset losses from the disaster and from impaired assets, the company said.

Its net profit for the January-March fourth quarter jumped to 52.48 billion yen from 118 million yen a year earlier due to the absence of hefty restructuring costs that weighed on the year-earlier earnings figure.

Operating profit for the full year rose 6.3 percent to 471.91 billion yen due to lower costs in fixed-line and cellphone businesses. Revenue edged down 0.2 percent to 3.43 trillion yen as income from cellphones shrank.

For the year to March 2012, KDDI expects net profit to fall 2.0 percent to 250 billion yen. Operating profit is forecast to rise 0.7 percent to 475 billion yen on revenue of 3.46 trillion yen, also up 0.7 percent.

KDDI said it would step up marketing of smartphones for the group's future growth. It aims to boost smartphone sales from 1.09 million units in the last year to four million, or 33 percent of total handset sales, in the year ahead.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Satellite-based Internet technologies



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


INTERNET SPACE
Amazon hosting issues knock websites offline
Washington (AFP) April 21, 2011
Foursquare, Quora, Reddit and other popular websites were sluggish or knocked offline on Thursday because of problems with their Web host Amazon. "Our usually amazing datacenter hosts, Amazon EC2, are having a few hiccups this morning, which affected us and a bunch of other services that use them," check-in site Foursquare said in a status message. "Thanks for your patience." Popular con ... read more







INTERNET SPACE
Distribution of British soil bacteria mapped for the first time

Growing threat of wheat rust epidemics worldwide

Disease hits wheat crops in Africa, Mideast

Nationwide Study Finds US Meat And Poultry Is Widely Contaminated

INTERNET SPACE
LED efficiency puzzle solved

Super-Small Transistor Created, Artificial Atom Powered By Single Electrons

New Spin On Graphene

Researchers Advance Toward Hybrid Spintronic Computer Chips

INTERNET SPACE
China to build $1bn airport in Chad

Australian birds have cocky attitude

Balloons fight crows in Lithuanian city

Argentina, Brazil partner in transport jet

INTERNET SPACE
Luxury carmakers see golden age in China

Purdue picked for international 'EcoCAR' competition

Japan auto giants see home output plunge post-quake

Icon Parking Systems In Manhattan Continues To Roll Out EV Charging Stations

INTERNET SPACE
U.S. mining firm given Bolivian assurances

ASEAN calls for Thai, Cambodia talks

Ex-Sony chief, father of the CD, dies

Australia premier calls for trade deal on Seoul visit

INTERNET SPACE
Greenhouse Gases From Forest Soils

Indonesia's carbon-rich wetlands essential

NGO sues to save forest for Paraguay natives

Low Fertilizer Use Drives Deforestation In West Africa

INTERNET SPACE
Belgium probes Google's Street View

Goa Seeks ISRO Expertise For Mapping Mangroves, Sand Dunes

Satellites can give advance hurricane info

Landsat: Who Are The Customers

INTERNET SPACE
Climate Change From Black Carbon Depends On Altitude

New Fracture Resistance Mechanisms Provided By Graphene

German cabinet approves CO2 storage bill

Europe pushes plans to hike diesel, coal taxation


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement